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20121205
20121213
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Search Results 0 to 33 of about 34 (some duplicates have been removed)
. have everybody stand on the corner with a bag of cash. it is idiotic and nancy pelosi, she is a -- econist. that is it a guy who drives the car by looking in the rear view mirror and goes around and seriously she's more interested in "saving the economy" than doing something correct or doing it right. by the way, recently and i saw this on another network, forgive me, they were talking about unemployment and they were saying that the idea of unemployment insurance stretching out to 99 weeks where they would start a guy in the midwest in manufacturing and start somebody on a job . they would train him agree to train him if he was not skilled . that tells you about the federal training programs . get him a job. no, we rather collect the unemployment. >> one of my fave identity economist is it christian dorsey . this is it a perfect question for you i got to say. every dollar that they take in they will spend and there is it an economic benefit and i believe you agree with that as well. >> it is not that controversial. who sonot drawing in economy and they get one that will he
. there are a lot of hurdles to cross. >>neil: nancy pelosi was criticizing speaker boehner, and speaker boehner and the president for not putting up numbers. they are back to sniping the that is not good. >>guest: there are open lines of communication, and there are conversations going on. >>neil: you mean they just don't hang up on each other? >>guest: it is better than that. there is a huge difference between talking and coming closer to an agreement. >>neil: were you noon those that said don't touch entitlements? >>guest: i don't know what you are referring to. >>neil: this remain eight democratic congressmen and senators, obviously you were not, i apologize, they said don't touch entitlements. this is not the time to do that. >>guest: the issue with entitlements. medicare, first, the sure is not whether we should. >> chief savings in medicare, the debate is over how we do it. >>neil: you do not think it should be part of this process? >>guest: we can find saving. but not by passing the costs and risks on to the backs of seniors, by looking for better ways to do it. you look at the president
. but you've said you wouldn't support the petition by nancy pelosi. >> well, i'd like to ask leader pelosi how many discharged petitions she supported when she was speaker. i mean, the reality -- that's a little game. it's not going to be helpful. it's not going to get anything done. and no, i would never sign a discharge petition against my own speaker or my own conference. the way you do things is to negotiate. and frankly, the negotiation is going to largely involve the president of the united states and the speaker of the house of representatives. with all due respect to the other players, they're honestly less central to this. and if they can come to a deal, then i think we can avoid the fiscal cliff. >> and do you think that -- somebody put this idea out here. and this idea is really vile. i'll use the right word. i think you'll agree. here's the idea. let's go off the cliff, just for purely political reasons, nothing happens immediately, and then, you know, you all come back in session in early january, and you give the middle class a tax cut, and you give the wealthy a tax cut, the
the public has spoken and the public has been very clear on that. >> and today former speaker nancy pelosi schooled speaker boehner on what it means to make difficult decisions as a leader. take a listen to this. >> i had to do it as speaker. do you know what it was like for me to bring a bill to floor to fund the war in iraq? so it's tough. but you have to do it. so is the point that you don't want to put your members on the spot, figure it out. we did. figure it out. >> there's nancy pelosi appealing to boehner figure it out twice. how high is the level towards the speaker? >> it's very high. i think leader pelosi is absolutely right. at some point the leader is placed in that position to bring members together to do the right thing. leader pelosi when she was speaker she did an excellent job of it to bring us together to make those right decisions. and some of those decisions are hard. your entire caucus is not going to agree with you all the time, but that's the role of a leader, martin. that's what leaders do. that's why they're selected to do what they do. and so i'm hoping that he w
and nancy pelosi held duelling news conferences slamming the other side for not taking the looming crisis seriously. >> this isn't a progress report, because there's no progress to report. when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> we've had time. the president has given the republicans flexibility to come up with a credible, specific plan. what they offered in return was an empty letter lacking in specifics. >> meanwhile, vice president biden is having lunch with several middle class americans who would see their income taxes go up if the tax cuts are not extended. all of this comes as the first jobs report since the election exceeded expectations. the u.s. economy added some 146,000 jobs last month. that was enough it to drive the unemployment rate down to 7.7%. joining me to talk about all of it, florida congresswoman debbie wasserman schultz and she chairs the democratic national committee. good friday afternoon to you. >> thank you. >> john boehner said today that democrats' plan is to, quote, slo
we know is the democratic house leader nancy pelosi went down to the white house today for a one-on-one meeting with president barack obama. we don't know what they said, and we're in the era now of parsing every single word they do say publicly. nancy pelosi was out before cameras, although it's hard to get a lot of indication of what's going on with had statement. take a listen. >> the only obstacle standing in the way of middle income tax relief are the republicans unwillingness to ask the top 2% to pay their fair share. >> and if you listened carefully to speaker john boehner, he did say that there was no progress to report, but he may have been hinting a little bit of where there's some room for a deal here if the president will just meet him maybe not even halfway. listen to the speaker. >> there are a lot of things that are possible to put the revenue the president seeks on the table, but none of it's going to be possible. the president insists on his position, insists on my way or the highway. that's not the way to get to an agreement. >> so where are we now? i think we'r
to put on a holiday tie to take up the case of mr. scrooge and the top 2%. as nancy pelosi asked, why, oh, why is congress on another recess when they could be extending tax breaks for the middle class just in time for christmas? >> this is a moment of truth, the clock is ticking, christmas is coming, the goose is getting fat, why are you not bringing this to the floor? is this a forever, forever protection of the wealthiest people in our country at the expense of the middle class? >> yes, that just about sums it all up. did we mention bain's congress has been in session all of one day this week, back on tuesday. six-day weekend. nice work if you can get it. if you listen closely to boehner and pelosi, you can perhaps hear the beginning notes of a harmonious christmas carol starting to take shape. >> it's not about the rate. it's about the money. >> there are a lot of things that are possible to put the revenue that the president seeks on the table. >> i know. it doesn't sound like much, but, remember, this is congress. and listen to the president as he lit the national christmas tree las
65 to 67. medicare eligibility age rises. democrats do not like that idea as nancy pelosi explained yesterday. >> first of all, show me the money. i don't even know why that is something that people think is going to produce money. what are we going to do with people between 65 and 67? show me the money there. but it's not even the right thing to do, first and foremost. but is it a trophy that the republicans want? is that the trophy they want in order to do what is right to raise the rates for the wealthiest people in our country? >> let me say for the record i think pelosi is right. i don't think raising the age is the right idea. i'm going to show you the money later on. but what she did not do is not rule it out. if republicans end up getting it, it's something the obama administration told john boehner they were willing to trade away if republicans end up getting it, that will feel like a big win for them. enough to unlock the tax deal. i'm not saying the final negotiation here will be easy. one thing that's a tough sticking point in negotiations. we began tonight which the whi
're expecting a news conference any minute now on that meeting. we'll bring it to you live. nancy pelosi spoke about it a few hours ago. here's what she had to say. >> i would hope that that would break the fall on the cliff, which is becoming more of a soil if they do that but really, we do need to put a down payment, not just in revenues which passing middle income tax cut means the end of holding them hostage. >> senior congressional correspondent dana bash is on capitol hill. so what's happening now? >> reporter: well, we have been talking to republican lawmakers as they have been coming out of this meeting that the house republican conference had this morning and i should tell you any moment we're going to see the speaker and the other members of the leadership. i'll sit down when that happens. but what we've actually heard is what went on behind closed doors is not the backlash from conservatives outside the congress but certainly groups that are very, very upset that the house republican leadership sent a counteroffer to the president that includes $800 billion in new revenue. that's no
, is he the nancy pelosi -- oh oh oh man. is he the nancy pelosi of madison? we all have the shot and wait till april to see if it worked. passing the bill in order to -- julie says this. you are wrong. i have chronic bronchitis and asthma. influenza is a respiratory illness. if i get it it will probably kill me. i don't understand your adamant disagreement about getting a flu shot. sylvan disagrees with me as well. think of others. get a flu shot. it is not all about you and your health. oh yes it is. i am sorry. i take your comments seriously. follow us on facebook. excellent conversation all day long. we have been in the christmas spirit for a while on "varney and company". playing holiday music all month. even though dozens of new christmas albums are made every year, classic christmas songs, the most popular. find out why at 10:45. it whenever heard of the small town of machine? is in belgium. i am sure you have heard of gerard depardieu, the french actor, he is moving there. he's leaving france. here is my take on why he is moving. taxes. france's socialist government has enclosed a
of disappointments, you get that downtick. learn from nancy pelosi. the richest person in congress. doesn't speak during market hours. >> thank you very much. >>> going to the close of a gain of 80 points and our old friend from "power lunch" days, chuck lovelle ringing the closing pebble and much more now from washington with maria bartiromo on the "closing bell." >> it's 4:00 on wall street. do you know where your money is? hi, everybody. welcome back to "closing bell." i'm maria bartiromo coming to you live from the white house. stocks rallying and closing off the best levels of the session after senate majority leader harry reid warned it will be tough to reach a deal to avoid the fiscal cliff before christmas. we all note deadline, december 31. take a look at how we're finishing the day. the dow jones industrial average up about 80 points today. it was higher, much higher than 100 points earlier today, up two-thirds of 1%. volume on the light side this afternoon. nasdaq composite picked it up. technology up better than 1%. s&p 500 also on the upswing. markets maintaining steady gains all day
none other than majority leader nancy pelosi. listen to her advice to mr. boehner. >> do you know what it was like for me to bring a bill to florida to fund the war in iraq? it's tough. but you have to do it. so is the point that you don't want to put your members on the spot? figure it out. we did. figure it out. >> figure it out. sound advice. >> we did. [ laughter ] >> it's true, i think that pelosi, that example, is a really vivid one, if nothing else. considering the opposition that the democrats had. the compromise that she had to make. and, as i said, there are compromising going on that we don't know about. a lot of what boehner is doing is posturing in order to appeal to people on the base and to donors. he needs to look like he fought the good fiegts. in public, it needs to look like he's really standing up for conservative principles, however confused those may be. and, in private, he may be making deals. he's known to be a man who is good at that kind of politics. this is sort of the thing where it is interesting to see that the republicans are making a bet that this postur
is the old phrase. >> that's true. >> this morning minority leader nancy pelosi highlighted the diversity of the committee chairs on the democratic side of the house, women and minorities well represented there. last week republicans were lambasted for appointing all white nearly all male committee chairs. has the republican party learned the lessons from the election or do they risk paying the price in the next one? >> well, thomas, forget about the committee chairs. i think the diversity and inclusion and outreach, i think it begins at the grassroots level and i've been pretty critical and vocal over the last two or three weeks and i think that every single republican in this country ought to be concerned about what's happened to us in the last two election cycles in the presidential race, and we lost with every -- we have lost with every demographic out there except for white men and i've been saying for 20 years that we've got to do a better job with nontraditional constituencies and we can't expect to have diversity in our committee chairs when we've got our republican party chairman
's plan. democratic leader nancy pelosi told me last night, ceos have been very understanding of the plan set forth by the white house. the business community is willing to accept rate increases. they are really making more concession than john boehner. eric cantor says republicans are not going to adjourn this year until a deal is reached. is that a sign of early capitulation? he knows republicans can't go home to their districts with absolutely nothing to show for it. that's not what the american people voted for. john boehner says he's willing to stick around town to get a deal done? >> i'll be here and i'll be available at any moment to sit down with the president, to get serious about solving this problem. >> but president obama says john boehner's presence is not the solution, it's the problem. >> the holdup right now is that speaker boehner took a position, you think the day after the campaign, that said, we're willing to bring in revenue, but we're not willing to increase rates. and i've just explained to you why we don't think that works. >> senate majority leader harry reid has
you this. house democrats, many democrats nancy pelosi and others have been vehicle toll say we don't need to give that much if there is a deal. that democrats they won the election, president obama campaigned on many things that he's pushing. one, do you agree? number two, what role, if that is the role of house democrats what role can house democrats play in influencing that process since this is being cast as president obama and john bain somewhere nobody else. >> the role that the house democrats have played all along that is we continue to put forward an agenda that is acceptable to all sides. as i mentioned, jobs, first and foremost. back home, chris, they're not talking about sequestration. they're saying, look, why can't you guys get together and create the jobs that we need? only within the beltway do we become obsessed with this thing. they expect as adults we'll sit down and work this through. i believe that will happen. i believe the democrats, especially the house, have to remain crystal clear on what we're for. for the creation of jobs, for tax cuts for the middle clas
and representative nancy pelosi have been excluded from talks leaving it to boehner and obama to make a deal. though boehner spokesman michael steele tells us this morning if we're going to solve this problem every congressional leader and more importantly the white house have all important roles to play. the fact is we've heard this same thing. and that is that pelosi and the senate leaders are not in the room at first. they'll be brought in when boehner and the white house are close. mann while, back to the debt ceiling. the new republicans' main point of leverage n. a rare misstep, mcconnell may have taken some of that leverage away in a move that ended with mcconnell filibustering himself. the president doesn't have enough democratic support, mcconnell moved to vote to permanently give the president the rate to approve the debt ceiling. reid shocked mcconnell by calling the idea of having that vote a positive development. forcing him to reject a vote he had called for himself. >> is there objection? >> reserving the right to object, matters of this controversy -- what we're talking about here is
and nancy pelosi have been dismissed from the negotiating table. leaving just the speaker and the president to hammer this one out. today vice president biden is hosting middle-class families at the white house, continuing to pressure congress to strike a deal on tax rates below 250,000. yesterday, the president struck a hopeful note with a middle-income family in virginia, while maintaining a hardline on negotiations. >> the message that i think we all want to send to members of congress is, this is a sovble problem. i'm not going to sign any package that somehow prevents the top rate from going up for rate at the top 2% but i remain optimistic we can get something done for that is good for families like this one and that is good for the american economy. >> but the clock is ticking. with just two full weeks before christmas to go. joining me now from washington, the man with all the answers, cnbc's ayman jabbers. it's always so good and important to have you on the show. >> thanks. >> in general, but on days like today, where the numbers come out and we all think to ourselves, is this eve
for, we're making progress. more evidence boehner's democratic counterpart house minority leader nancy pelosi also seems to be softening her language as we head into the weekend. listen. >> what we want to do is protect the middle class. so it's not about the rate. it's about the money. >> so is 37 the magic number in this fiscal cliff debate? outfront" two men who know taxes very well. the president of the american action forum and robert reich from the university of california and berkeley and former secretary under bill clinton. douglas, does this sound like code for a deal in the works? >> it certainly is good news that they aren't taking things off the table. i would be premature if i was celebrating a deal. there's a long way to go. it's important that they reach an agreement. the fiscal cliff is a very real danger to the united states economy. it's a recipe for a recession. and i certainly would not like to see the rhetoric that we saw from the treasury secretary tim geithner who said he's prepared to go over the fiscal cliff. that is not a good way to talk about what's going on
't a progress report because there's no progress to report. >> minority leader nancy pelosi went to the cameras almost immediately after that with a few questions of her own for the speaker. >> the only obstacle standing in the way of middle income tax relief are the republicans' unwillingness to ask the top 2% to pay their fair share. this top 2%, which by the way gets a tax cut. why are you not bringing this to the floor? is this a forever, forever protection of the wealthiest people in our country at the expense of the middle class? >> at a virginia diner having lunch with middle class people who are facing a tax increase come january 1st, vice president joe biden put the pressure on boehner in the way that only joe biden can. >> folks, this is not hard. this ain't rocket science. it would take 15 minutes from the time the decision was made by the speaker of the house to pass and make permanent middle class tax cuts. the president would probably have me sprint up to the hill to bring the bill down for him to sign. it can be done like that. it is not complicated. >> the president and the demo
do kating the role to nancy pelosi and harry reid. this time around, maybe because he feels he has the mandate, he's doing the negotiations straight on with boehner which i think leads to a better result. this is an overall different approach in his leadership whether it's because he's thinking legacy or anything? should we expect to see this level of leadership going forward? >> i think he tried to make a deal with boener in 2011. we know he was close to a deal with boehner and then the gang of six with the plan more aggressive. sort of a bigger deal and the president sort of balked at the agreement. seemed to be putting in to place with boehner and then boehner walked away, as well, and the whole thing fell apart. i think you have seen an acknowledgment. if the president and boehner come to an agreement then the senate will come along, the house democrat wills come along. a number of them will. these are really the key negotiators and has to be done at that level to get something finished. >> jonathan, i have to say i'm a little bit skeptical about one aspect of this. it looks li
with or spoke to boehner. and then met with nancy pelosi, the democratic leader on capitol hill. today we're told he had a phone call on air force one from harry reid. presumably to go over what it is their hashing out behind the scenes. a public and private scene going on here. >> they don't have to be face to face to keep the negotiations going. thank you. and as we get closer to the cliff's edge, a number of republicans in congress say they would be willing to accept tax increases on the wealthiest americans if they are accompanied by large enough spending cuts. >> one of those is tom cole who is a republican from oklahoma who joins us now live from capitol hill. fantastic to have you here on the show, congressman. >> good to be with you. >> what kind of spending cuts do you need to see, congressman, for you to be able to vote for those tax hikes on the top 2%? >> for the record i don't promote raising taxes on anybody. but if congress doesn't act they go up automatically. i'd like to take an area where we agree with the area, that we're not going to raise taxes on 98% of the american
. nancy pelosi hit back at boehner's rhetoric today. >> the fact is, the president has and democrats agree, to $1.6 trillion cuts. where are the cuts? in bills that you, mr. speaker, have voted for. >> pelosi is lobbying for house republicans to hold a vote on letting tax cuts expire for the wealthiest americans. with house majority leader eric cantor and congressman paul ryan tasked with pushing boehner's plan on the tea party, it's going to be a tough sell. they are part of boehner's strategy team? in the meantime, the white house is hitting back at boehner and the gop tactics. >> a question of whether or not we have specific spending cuts, the answer is we have. i understand they may not agree with all of it. but it exists. >> i'm joined by illinois congresswoman january schakowsky joining us tonight. congresswoman, good to have you with us. >> thanks, ed. >> harry reid now says it's going to be awful hard to reach a deal by christmas. where is this all heading, in your opinion? >> the republicans are in total disarray. i think john boehner went to the floor today to encourage his -- or
from nancy pelosi. >> if the president doesn't agree with our approach, he has the obligation to put forward a plan that can pass both chambers of the congress. >> we have been calling upon the speaker to bring forth middle income tax cuts for a very long time, in fact, since last summer when it passed the united states senate, the president stands ready and poised to sign it. democrats in the house have a discharge position to bring that bill to the floor. what stands in the way is an act on the part of the republican majority to bring a middle income tax cut to the floor of the house. >> one congressional republican leadership watcher provided this update on the state of john boehner's negotiating position. >> john boehner is speaking. he's reporting in. he says he's an optimist. but he doesn't sound optimistic. in what he is explaining, stressing the need to cut spending. did say he's hopeful we can reach an agreement. i don't care where you turn. in the conservative intelligence, you are seeing the republicans have no prayer now. they're just going to have to cave in on this rate
right to the edge of the fiscal cliff. >> reporter: not surprisingly, democratic house leader nancy pelosi had precisely the opposite explanation for what is behind this stalemate. she says republicans simply echoing the white house are going to have to buckle on the issue of the top rates. >> the only obstacle standing in the way of middle income tax relief are the republicans unwillingness to ask the top 2% to pay their fair share. >> but tyler, as you suggested, this is all a work in progress. the thing we cannot see that is not visible to the public or to the press is what's going on behind the scenes. staff discussions resumed yesterday. don't know how fruitful. i haven't gotten much of a signal from people on either side that a deal is close, but they're work rg at it and sometimes these situations can turn around quickly. >> john, what of the reports today that perhaps at some point the republicans in the house and in the senate would go along with the idea of extending the bush era tax cuts for the under-250 cohort of taxpayers, but let the rest of the thing just go off the
. >> bill o'reilly. >> stephanie: all right. representative nancy pelosi. >> what they offered in return was an empty letter. lacking in specifics. >> stephanie: all right. boehner, this was after the meeting on friday. at the white house. >> this isn't a progress report because there is no progress to report. >> it is clever. >> stephanie: jim's impression is slightly more drunk than boehner sounds. >> can we hear that again? >> stephanie: yes. >> this isn't a progress report because there's no progress to report. >> there's no progress to report. ha ha! >> stephanie: he's drifting into tom delayish territory. >> wow! >> conservatives saw the savagery of 9-11 and the effects in the tax -- prepared for war. liberals saw this -- savagery of 9-11 of the tax and wanted to prepare indictments. and offer therapeutic understanding for our attackers. that's not slander. that's the truth. >> that is a totally drunk uncle. oh god. >> kids these days. >> stephanie: i like the ones where he takes four tries at th
of union dues go to democratic causes. >> gretchen: do you remember when nancy pelosi said we have to pass the health care bill to find out what's if it? a bunch of democrats just did and they don't like it. stewart stewart will explain that story coming up. >> steve: we always find him if that exact spot. then the most desirable woman revealed. it's not kate upton. she's third. when is one and two? straight ahead. >> brian: can't wait for the build-up. it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. >> steve: welcome bang to our wednesday program. remember when nancy
? >> reporter: a very interesting moment when the former democratic house speaker nancy pelosi had blunt advice for the current republican house speaker in terms of learning how to get his caucus together to find a deal that can actually pass congress and that the president will sign and those blunt words were, quote, figure it out. sources of both parties say a tuesday evening phone call between the president and speaker boehner did not go well. >> well, the president and i had a deliberate call yesterday and we spoke honestly and openly about the differences that we face. >> cnn has learned at least part of the reason why. tuesday's gop counteroffer included a renewed explicit call for a, quote, permanent extension of bush era tack cuts for the top 2% of americans. according to a democratic source familiar with the language. the democratic source argued that proposing to permanently extend tax cuts for the wealthy that the president calls a nonstarter shows that republicans are either, quote, unwilling or unable to make an offer they can pass and the president will sign. >> those magic beans
since november 16th. today boehner and nancy pelosi back to finger pointing. >> a lot of people know the president and i met on sunday. it was a nice meeting, cordial. but we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. you know, where are the president's spending cuts? the longer the white house walks the process, the closer our economy gets to the fiscal cliff. >> what i would do to respond to what the speaker has said, though, is to set the record straight. the fact is that the president has and democrats agree with him, agreed to over $1.5 trillion, $1.6 trillion in cuts and the budget control act and other acts of congress in this -- in this particular congress. $1.6 trillion in cuts. where are the cuts? they're in bills that you, mr. speaker, have voted for. >> so it all comes down to tax revenues and spending cuts. tom foreman gives us a virtual view of what is involved in negotiations. watch. >> what you're looking at in the room is everything the fed
? >> i believe it was yesterday. >> stephanie: discharge petition, you heard nancy pelosi talking about this. to vote on the middle class tax cuts in the house. he joins us now. good morning representative. >> good morning. thank you for having me. >> stephanie: was it yesterday you filed it? >> we filed it at noon yesterday. we've got over 150 folks signed on. >> stephanie: that's awesome. so just talk to us about what you think is going to happen and on what timeframe. >> well what it is -- what we're saying is yes, there's a lot of big issues to take care of. we all agree we're not going to let tax rates increase on those families making less than $250,000 which is, of course, everybody gets that break on their first $250,000 and 98% of people don't make that much. we said let's pass that. take that off the table. then come back to this other to end the drama. >> stephanie: what it does, it brings the senate past middle class tax cuts which president obama said he will sign immediately to the house. >> what w
. not sure if you caught this, but house democratic leader nancy pelosi launched this effort to force a vote, force a vote on extending the middle class tax cut while letting taxes go up first of the year for the wealthiest 2% of americans. keep in mind, republicans own the house majority, so they control which bills, of course, come to vote. and they have not allowed a vote on the tax cuts. so pelosi has begun to circulate this petition and it would force a vote on the measure. they have to get the signatures just to get the vote to happen. if all house democrats sign the petition, she still needs just about two dozen republicans to come on board as well, and that could prove to be a pretty tough task. joining me now from washington, congressman steve israel, democrat of new york. congressman, nice to see you back here on the show. >> thanks, brooke. >> i understand you, yourself, have been reaching out to some of the house republicans on this. have you spoken to any of them? >> i have. and you're right, it is tough for a republican to break with his or her party and sign this petition to g
in medicare. that's number one. on senator mcconnell's list of things he'd like to see done. nancy pelosi is even talking about, you know, it's not about race. it's about revenue. it's about getting the money we need to reduce the deficit. so atmospherics are better. we've got a chance. >> it sounds a lot better. we also try and figure out what the plan actually looks like just in terms of the ratio of spending cuts to tax increases or revenue increases. and there've been a lot of people who've gone back and forth. it started out where we were probably closer to three to one back last summer. and i thought that was what simpson-bowles laid out. then i've also seen something that was circulating last week, suggesting that the simpson-bowles plan really called for a one-to-one ratio. is that true? >> no. what we did is, we took current policy at that time. current policy at that time and bush tax cuts from the top 2% expiring and we took that as the baseline, and then what we did is we reformed the tax code so we could broaden the base, simplify the code and we got about $1 trillion of new
Search Results 0 to 33 of about 34 (some duplicates have been removed)